Business  |  Tax Incentives


Garrigan's Inc. & Ileana Lita Garrigan, Trustee Agreement #09-001 
CRA # 023-74118-01


Agreement Information
Community: SPRINGFIELD      ODOD Status: Active
County: Clark      Agrmt Date: 3/31/2009
Local School District:      Amend. Date:
     Expiration Date: 12/31/2018
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 5943

Real Property

Acquisition Improvements New Construction Total
Investments $390,000.00 $711,039.00 $0.00 $1,101,039.00
Exemptions $475,507.00 $0.00 $475,507.00
 

Real Property Tax Incentives

Percentage  67 %  
Term 8 years  
 
Personal Property
M & E F & F Inventory Total
Investments $0.00 $25,000.00 $10,000.00 $35,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 16 $285,200.00
Fulltime Permanent 0 $0.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 0 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 7      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $51,447.79
Jobs Retained: 7 Real Property Taxes Forgone: $40,654.61
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $258,033.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $1,132,499.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 6/8/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $7,824.40 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $4,761.11
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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